FlyerTalk Forums - View Single Post - Royal Caribbean stock jumps 10 percent on demand for cruises next year
Old Aug 10, 2020, 5:29 pm
  #1  
Batman's brother
 
Join Date: Oct 2005
Posts: 55
Royal Caribbean stock jumps 10 percent on demand for cruises next year

https://www.washingtonpost.com/natio...BCOXAVYPQRDPA4

Last week I booked a cruise with Regent for December 2021. See you all on board or onshore!

Stocks of Royal Caribbean surged 10 percent Monday as optimistic customers book trips for next year, in what the chief executive described as passengers yearning to return to travel after months of isolation.

In an interview with CNBC Monday, company head Richard Fain said: “I think we are seeing that there is a pent-up demand. People are frustrated being at home and being isolated."

Bookings for 2021 are trending within the company’s historical ranges, according to Royal Caribbean’s recent earnings report, released Monday. ~snip
Batman's brother is offline